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KADER 20

Active
Private limited companyfounded 201016 yrs activeSint-Jansveld 12, 2160 Wommelgem, BelgiumKBO/BCE: BE 0824.341.335
Summary

KADER 20 has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €501,695. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 1167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999
1 site
Size
€2.2mtotal assets 2025
Staff
8.4 FTE
Equity
€1.6m
Profit
€501,695
Turnover not published (abridged schema)
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
Metalinvest · 100%
Accounts filed 24 d late0 of 5 deeds read
Why 98+ Liquidity: current ratio 4.39, cash €1.1m+ Equity €1.6m (73.8% of total assets)+ Founded in 2010+ Profit of €501,695 (FY 2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 82% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 99+4
equity 73.8% of total assets
Liquidity 92=
short-term debt 22.1% · cash 53.0%
Profitability 98+1
return on assets 23.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,675 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +8.2% vs 03-2025 05-2025: 0.1%▼ -1.1% vs 04-2025 06-2025: 0.1%▲ +8.8% vs 05-2025 07-2025: 0.1%▲ +19.2% vs 06-2025 08-2025: 0.2%▲ +89.8% vs 07-2025highest value 09-2025: < 0.1%▼ -78.1% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%▼ -2.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▲ +2.1% vs 01-2026 03-2026: < 0.1%▼ -4.1% vs 02-2026 04-2026: < 0.1%▲ +4.3% vs 03-2026 05-2026: < 0.1%▼ -2.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▲ +12.5% vs 06-2026 08-2026: 0.1%▲ +113% vs 07-2026 09-2026: < 0.1%▼ -63.5% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 4.39, cash €1.1m lowers the probability
  • Equity €1.6m (73.8% of total assets) lowers the probability
  • Founded in 2010 lowers the probability for this profile
  • Profit of €501,695 (FY 2025) lowers the probability
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 4.39 against 4.3 in 2024; short-term debt: 22.1% and cash: 53% of total assets), and 26.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 78%, liquidity 90%, profitability 87%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 4.39, cash €1.1m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €1.6m (73.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €501,695 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
24 d late
2024
28 d late
2023
19 d early
2022
7 d early
2021
32 d early
2020
17 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €501,695 ▲21.3%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 8% on net resultsector median €44,747 · 1,167 companies €501,695 View
  • Positive: 8 profitable years in a rowprofit 2025: €501,695 8 years View
  • Controlled by Metalinvest 100% View

By topic

Financials

Fiscal year
2025
Total assets
€2.2m
Profit
€501,695
Solvency
73.8%
Total assets▲ 17.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 24-08-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 28-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
23-03-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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